Paraguay heading to a record year of beef exports in 2024

Published 2024년 12월 3일

Tridge summary

Paraguay has achieved record-breaking results in its agricultural exports from January to November 2023, with a notable increase in beef and pork exports revenue reaching $1.6 billion and $31 million respectively. The main markets for beef included Chile, Taiwan, Brazil, the United States, and Israel, while Taiwan also emerged as the leading market for pork. Other significant markets for beef included Russia and the European Union. Additionally, Paraguay exported over 6,000 tons of chicken meat, generating over $10 million in revenue.

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Original content

In the first eleven months of the year, Paraguay has exported some 320,000 tons of beef with revenue reaching 1,6 billion dollars, indicates data from the National Animal Health and Quality Service (Senacsa). This figure and revenue will show that 2024 will be the highest on record since 2016. Chile remains the main market for Paraguayan beef having taken some 36% of total exports. The second market is Taiwan with 11%. (Paraguay is the only country in South America which maintains full relations with the government in Taipei). Other significant markets are Brazil with 9%, United States and Israel with 8% each. Russia received 5% of the shipments, while the European Union accounted for 4% of Paraguayan beef exports. Paraguay in 2023, according to US Department of Agriculture, was among the ten top exporters of beef with 445,000 tons. The list as the leading exporter is headed by Brazil over 3 million tons. Likewise by the end of November, ...

Source: MercoPress